PPP Loan information for Shaxon industries inc

$587,500

Shaxon industries inc was initially approved for PPP Loan of amount $587,500, the current approved amount is $587,500. The loan was approved on 03/26/2021 by The City National Bank reported 64 jobs and $587,500 was used to fund payroll.

Shaxon industries inc is Existing or more than 2 years old

SHAXON INDUSTRIES INC

Date Approved

03/26/2021

SBA Office Code

0920

Processing Method

PPS

Borrower Name

SHAXON INDUSTRIES INC

Borrower Address

4852 E La Palma Ave

Borrower City

Anaheim

Borrower State

CA

Borrower Zip

92807-1911

Loan Status Date

04/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

587500.00

Current Approval Amount

587500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4924

Servicing Lender Name

City National Bank

Servicing Lender Address

555 S Flower St

Servicing Lender City

LOS ANGELES

Servicing Lender State

CA

Servicing Lender Zip

90071-2300

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Anaheim

Project County Name

ORANGE

Project State

CA

Project Zip

92807-1911

CD

CA-40

Jobs Reported

64

NAICS Code

334419

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

587498.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

4924

Originating Lender

City National Bank

Originating Lender City

LOS ANGELES

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

593214.04

Forgiveness Date

03/17/2022

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